Deepak Nitrate

٣ أغسطس ٢٠٢٢

Volume looks quite impressive any move above the trendline can give a good move.
Please note: If volume goes above Moving Average then the convection for this trade will go higher.

٤ أغسطس ٢٠٢٢

ملاحظة

It is on the verge of a breakout.

٥ أغسطس ٢٠٢٢

ملاحظة

Gave a breakout, retesting its trend line, if it manages to sustain its current level, then we may see a good move.

٧ أغسطس ٢٠٢٢

ملاحظة

2060 is strong resistance, as you can see this is the reason I marked this level on the chart.

٨ أغسطس ٢٠٢٢

ملاحظة

I bought 25% of the quantity on 5th Aug, (Stoploss:1958) I will add more quantity only above 2060.

٨ أغسطس ٢٠٢٢

ملاحظة

I have exited Deepak Nitrate, taking a small loss, rejections can be seen at the present levels, and will re-enter above 2060 if technical seems good.